Yes, we were on the gold standard at the start of the Great Depression.
then you contrasted the year 1913 as the year the Fed took over from the Gold Standard.
I didn't say "took over from" anywhere. The Fed was created in 1913, while we were on the gold standard. The Fed was around for many years while we were on the gold standard. Sounds like the only contradiction is in your understanding.
When did the Fed era begin?
The Fed was created in 1913.
If not at 1913, then why have it steal 3% from us every year?
How does the Fed steal anything from anyone? Spell it out.
So you want to have it both ways. The Fed was created in 1913 to avert wild swings. So in your mind when there is a wild swing it's the boogieman of the Gold Standard, or Nixon, or Obama, or Bush. But during the good times, it's all the Fed. lol
I didn't say "took over from" anywhere. The Fed was created in 1913, while we were on the gold standard. The Fed was around for many years while we were on the gold standard. Sounds like the only contradiction is in your understanding.
So the Fed was created in 1913 but had no effect on anything? Why create it the first place then? Why keep it if it's not doing anything?
The Fed was created in 1913.
But it had nothing to do with the Great Depression?
How does the Fed steal anything from anyone? Spell it out.
3% target inflation.